Who is Stephen Hung from 'Bling Empire: New York'?

He's by far the richest cast member of 'Bling Empire: New York'—let's get to know Stephen Hung

Stephen Hung and Deborah Hung, outside the Elie Saab show, during Paris Fashion Week Haute Couture Spring Summer 2017, on January 25, 2017 in Paris, France
(Image credit: Edward Berthelot/Getty)

We've got your answer to who is the richest Bling Empire: New York cast member: that'd be Mr. Stephen Hung.

The Hong Kong businessman is surrounded by plenty of fancy-schmancy folks in the Bling Empire spin-off series—which premiered on Netflix on Friday, January 20—from jewelry designer Lynn Ban to returning reality star Dorothy Wang and even his own glamorous wife, model-turned-lawyer Deborah Hung

But Stephen Hung stands out from the moneyed bunch by having the highest Bling Empire: New York cast net worth by far. So exactly how did the reality newcomer get so successful, and what else should you know about him?

Who is Stephen Hung from 'Bling Empire: New York'?

Stephen Hung is a multi-millionaire businessman who made his career in—of course—finance. After graduating from Columbia University and later the University of Southern California with a master's degree in business administration, Hung kicked off his career at Merrill Lynch before forming his own investment company, SH Capital Group. 

Hung is currently the chairman of The Taipan Investment Group and the vice-chairman of Rio Entertainment Group, which operates the Macau-based Rio Hotel & Casino. 

A post shared by Stephen Hung (@stephenhungofficial) (opens in new tab)

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What is Stephen Hung's net worth?

Per Celebrity Net Worth (opens in new tab), Stephen Hung's alleged fortune is valued at $400 million. To put that into perspective: The Washington Post (opens in new tab)reported that the entrepreneur once dropped $20 million on 30 customized Rolls-Royce Phantoms. Casual. 

"Our involvement in 'Bling Empire New York' is like a show within in show. We wanted to bring some real bling which is not normally shown on television," Hung wrote in an Instagram post (opens in new tab). "Look out for Mrs @deborahhung (opens in new tab) showcasing this amazing Euro 35 million @graff (opens in new tab) color diamonds Secret Blossom timepiece 💎🤩🥰" They're really living up to that show title!

Stephen Hung age: how old is he?

Stephen Hung was born on August 24, 1959, making him either 63 years old and the elder statesman of the Bling Empire: New York crew. For comparison, Hung's wife Deborah is 24 years his junior, at 40 years old. 

Stephen Hung wife: when did he marry Deborah?

Together, Stephen and Deborah Hung make something of a power couple on Bling Empire: New York. The businessman reportedly met his future bride, then Deborah Valdez, met while she was on vacation in Hong Kong after completing her law studies in Mexico.

"I came from a very conservative family. When I met him I didn't want him to impress me with anything but his mind," Deborah told The Wall Street Journal (opens in new tab) in 2013."He has this magnetism. Designers, investors, everyone wants to talk to him."

The pair married in 2012 at the Diamond Ballroom at the Ritz-Carlton Hong Kong. They share two sons, Sean and Ivan. 

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Stephen Hung Instagram: what's his handle?

Self-proclaimed "global citizen" Stephen Hung can be found on Instagram at the handle @stephenhungofficial (opens in new tab), where he has nearly 850,000 followers. A gander at his grid gives you a peek into the Hungs' jet-setting life, which involves frequent front-row stops at international Fashion Weeks and invites to glamorous galas.

Catch Stephen Hung on Bling Empire: New York, streaming now on Netflix.

Christina Izzo

Christina Izzo is the Deputy Editor of My Imperfect Life. 

More generally, she is a writer-editor covering food and drink, travel, lifestyle and culture in New York City. She was previously the Features Editor at Rachael Ray In Season and Reveal, as well as the Food & Drink Editor and chief restaurant critic at Time Out New York

When she’s not doing all that, she can probably be found eating cheese somewhere.